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Nonprofit · EIN 88-2007038

PRIME FACTORS LEARNING LAB A NJ NONPROFIT CORPORATION

Tax-exempt · NEWARK, NJ 07106

Financials

$134K$84K2024
Revenue Expenses · by fiscal year end
Financials of PRIME FACTORS LEARNING LAB A NJ NONPROFIT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$133,545$84,266$49,279$149,179$51$149,128
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$133,455
Program service revenue
$80
Investment income
$10
Other revenue
$0

Expenses

Grants and similar amounts paid
$9,740
Compensation of officers, directors and key employees
$9,893
Salaries, compensation and benefits (total)
$2,743
Professional fees and payments to contractors
$50,836
Occupancy
$4,340
Printing, publications and postage
$70
Other expenses
$16,537
Program services (functional)
$73,246

Balance sheet and other

Total assets, start of year
$99,849
Total assets, end of year
$149,179
Total liabilities, end of year
$51
Net assets, end of year
$149,128
Cash, savings and investments
$89,487
Gross receipts
$133,545

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Emmanuel LaroseBoard Member / Director of Operations15$9,893
Elliot IkheloaBoard Member / Executive Director40$0
Glachandra ExilBoard Member2$0
Natalia IkheloaBoard Member2$0

Address and contacts

Address (IRS master file)
173 NORMAN RD, NEWARK, NJ 07106-3309
In care of
% ELLIOT IKHELOA
Mailing address (990-N for 2023)
101A Franklin Terrace, Maplewood NJ 07040
Principal officer (990-N for 2023)
Elliot Ikheloa, 31 Florence Ave, Irvington NJ 07111
Signed the 990-EZ
Elliot Ikheloa, Executive Director
Phone
(973) 834-8781

Mission

We empower youth and adults in our Greater Newark community through hands-on learning in STEM principles, AI/ML development, and original digital content creation, infused with social-emotional learning. We explore the technology all around us, learning together how things work, how to create, and how to fix what's broken. Our mission is to cultivate curiosity, foster innovation, teach highly-valuable career skills that drive economic development and youth employment, and build the digital literacy and leadership essential for a thriving 21st-century city.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • As Prime Factors Learning Lab, we empower the youth and adults in our Greater Newark community through hands-on STEM education, thoughtfully integrating social-emotional learning into all our offerings. Our program guides high school students in developing mobile applications using cutting-edge tools like Swift and AI, enabling them to create real-world solutions for community challenges. Recognizing the power of peer mentorship, we train our alumni to become youth teachers, fostering a supportive learning environment and cultivating leadership skills. Furthermore, we equip young people with the skills to craft and share their own stories through podcasting, amplifying their voices and experiences. Through these initiatives, we cultivate technical proficiency, critical thinking, creativity, and leadership, ultimately preparing our students to thrive in a technologically driven future. Our program has successfully introduced 79 students to foundational computer science, resulting in the creation of 17 original apps. We are proud that our alumni are pursuing computer science at prestigious universities and becoming advocates for STEM education within their own schools.
    Expenses $73,246 · grants $9,740

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

File the 2025 990-EZ for PRIME FACTORS LEARNING LAB A NJ NONPROFIT CORPORATION

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
88-2007038
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$149,179
Income (IRS master file)
$133,545

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$133,545$84,266$149,179IRS
990-N for 2023
Officer: Elliot Ikheloa
December 31, 2023≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-2007038).

Questions about PRIME FACTORS LEARNING LAB A NJ NONPROFIT CORPORATION

What is the EIN of PRIME FACTORS LEARNING LAB A NJ NONPROFIT CORPORATION?
The employer identification number (EIN) of PRIME FACTORS LEARNING LAB A NJ NONPROFIT CORPORATION is 88-2007038.
Is PRIME FACTORS LEARNING LAB A NJ NONPROFIT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to PRIME FACTORS LEARNING LAB A NJ NONPROFIT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PRIME FACTORS LEARNING LAB A NJ NONPROFIT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PRIME FACTORS LEARNING LAB A NJ NONPROFIT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRIME FACTORS LEARNING LAB A NJ NONPROFIT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of PRIME FACTORS LEARNING LAB A NJ NONPROFIT CORPORATION?
The 990-N for 2023 names Elliot Ikheloa.
Who are the officers and directors of PRIME FACTORS LEARNING LAB A NJ NONPROFIT CORPORATION?
The 990-EZ for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $9,893 (Emmanuel Larose, Board Member / Director of Operations).
How much revenue does PRIME FACTORS LEARNING LAB A NJ NONPROFIT CORPORATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $133,545, expenses of $84,266 and total assets of $149,179 at year end.

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